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Investors really uncomfortable, because its raising the question, jim, of whether the treasury department sees something brewing in the economy that the market may be missing. jim? >> alison kosik, interesting days on the market trading floor. thank you very much. back with our panel now. jennis, the president himself has made the dow his favorite barometer of success. and the dow this year is tanking. and you see the president panicking, apparently, at that thought by lashing out at his fed cha...

Follows that of interior secretary ryan zinke, who left in disgrace just last week, and before that, attorney general jeff sessions firing in november. but the secretary of defenses protest resignation left zero ambiguity as to why he was leaving. it was precipitated by the presidents decision to withdraw u.s. troops from syria and afghanistan, a move that put trump at odds not only with secretary mattis but with all of his foreign policy advisers, another of whom, brett mcgurk, resigned last ni...

Had interest rate hikes and its true, markets dont like that. were at the end of a recovery cycle. we have to look back and say, look, recessions tend to happen every ten years. its been ten years since the last one so were actually due for a correction. but whats happening now is going to make things very, very rocky for the next few days in particular. >> president trump is typically very quick to attach his name, to attach sort of a win for him if the markets do well. let me show you tweets f...

Visit all the stores in the storefronts. we are talking markets, look at the markets this week starting with the dow down 7%, moving on to the nasdaq entering bear market territory donate%, the s&p is down 7% as well and the rest -- the russell 2000 consisting of small caps, a barometer of confidence for american group. looking at these markets, all-time highs, we get to the definition of bear market when it drops 20%, you see the nasdaq fall 21.9%. the dow teetering very close, down almost 17% ...

>> yes! >> i dont always get a chance to drive around but i put on talk radio as this was playing out. interesting to listen to, conservative talk radio pap show i listened to, the mood changed from the callers to that show between tuesday and wednesday. palpably. it went from one of dejection to this idea that the -- oh, i cant believe hes not going to fight, too. he has our back, he has our back. he has our back. striking to hear that. this was a talk show i think you would describe at trumps ...

Who knows anything about the situation in syria who recommends doing this. this is being done over the objections of his secretary of state, his national security adviser, his secretary of defense. remember just three months ago in september, the administration announced a policy of keeping u.s. troops in syria indefinitely to contain iran. and now three months later, we suddenly wake up to this tweet. there is no policy process. this hit everybody out of the blue. there is no way you can justif...

He did that speech to the nation. he made the case. he had a team prepared to argue why this made sense as a drawback. he did all the things one expects a president to do. obviously there are certainly foreign policy ramifications, but it also another reinforcement of how different this white house operates with the american people. just a complete disregard for trying to explain why this is a rational policy beyond this ostensible defeat of isis, which anyone you speak with will say isnt the ca...

And thats no surprise. hes made stock market performance a big part of his case for the trump agenda. >> doing record business, record stock market, record everything. >> were all doing well. 401(k)s, doing well, the stocks are doing well. >> since i took office, the value of americans mutual funds and pension funds has increased by $2.7 trillion. thats a lot of money. >> well, if you use stocks as a barometer of success as the president has done over and over again, there is not much to brag ab...

Ignore. concerns over economic growth in trumps trade war with china have dragged the markets down and stocks are on track for the worst december since the great depression. sources tell cnn the president keeps a close eye on the markets and thats no surprise. hes made stock market performance a big part of his case for the trump agenda. >> doing record business, record stock market, record everything. >> were all doing well. 401 ks doing well, the stocks are doing well. >> since i took office, ...

Majority of republicans were still supporting richard nixon. that when it came crashing down it came crashing down all at once. >> very quickly. it was a very rapid cascading effect in 73. so the break in is june 17th, 27. nixon doesnt resign until august 8th, 74. hearings began may of 73. but it was, this was the season that the late, the last quarter of 73 when nixon said "im not a crook" which would fit on twitter. then basically what begins to happen in 74, you have the investigations, but y...